IDEAS home Printed from https://ideas.repec.org/p/bdr/borrec/1227.html
   My bibliography  Save this paper

Caracterización de la inversión extranjera directa en Colombia (IED): actividades distintas a minas y petróleo

Author

Listed:
  • Adrián Martínez-Osorio
  • Enrique Montes-Uribe
  • Iader Giraldo-Salazar
  • Juan Camilo Santos-Peña

Abstract

La inversión extranjera directa (IED) ha sido la mayor fuente de financiamiento externo de las empresas en Colombia. El objetivo de este trabajo es realizar una caracterización de la IED en los sectores diferentes a minas y petróleo, así como de las empresas receptoras de este tipo de inversión en Colombia para el periodo comprendido entre los años 2000 y 2020, cuandoel 59% del flujo acumulado de IED arribó a estos sectores. Los resultados muestran que la frecuencia con la que estas firmas reciben recursos a través IED se encuentra entre 1 y 3 años. Su participación en el comercio exterior está más vinculada a las importaciones que a las exportaciones, con lo que se podría inferir que el objetivo de estas inversiones es más proveer bienes y servicios al mercado local que escalar la producción para cooptar mercados regionales o globales. Un gran porcentaje del valor de la IED en estos sectores es canalizado fundamentalmente por empresas grandes. Así mismo, son las empresas más grandes las que determinan los resultados financieros de cada subsector, lo que revela una la alta concentración de la producción en estas actividades específicas. **** ABSTRACT: Foreign direct investment (FDI) has been Colombia's largest external financing source for companies. This paper aims to characterize FDI in sectors other than mining and oil and the companies receiving this type of investment in Colombia between 2000 and 2020, when 59% of the accumulated flow of FDI arrived in these sectors. The results show that the frequency with which these firms receive resources through FDI is between 1 and 3 yea rs. Their participation in foreign trade is more linked to imports than exports. The last could be inferred that the objective of these investments is more to supply goods and services to the local market than to scale production to co-opt regional or global markets. A large percentage of the value of FDI in these sectors is channeled primarily by large companies. Likewise, the largest firms determine each subsector's financial performance, revealing a high concentration of production in these specific activities.

Suggested Citation

  • Adrián Martínez-Osorio & Enrique Montes-Uribe & Iader Giraldo-Salazar & Juan Camilo Santos-Peña, 2023. "Caracterización de la inversión extranjera directa en Colombia (IED): actividades distintas a minas y petróleo," Borradores de Economia 1227, Banco de la Republica de Colombia.
  • Handle: RePEc:bdr:borrec:1227
    DOI: 10.32468/be.1227
    as

    Download full text from publisher

    File URL: https://doi.org/10.32468/be.1227
    Download Restriction: no

    File URL: https://libkey.io/10.32468/be.1227?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Inversión extranjera directa en Colombia; balanza de pagos; cuenta corriente; cuenta financiera; economía internacional; Foreign direct investment in Colombia; Balance of Payments; current account; financial account; international economics;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bdr:borrec:1227. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Clorith Angélica Bahos Olivera (email available below). General contact details of provider: https://edirc.repec.org/data/brcgvco.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.